Skip to main content

The Federal Court has imposed a $1.5 million fine on Delta Building Automation for attempting to rig a tender related to upgrades at the National Gallery of Australia in 2019. Additionally, the company’s director, Timothy Davis, was fined $120,000 for offering cash to a competitor to manipulate bids. The Australian Competition and Consumer Commission (ACCC) initiated civil proceedings, underscoring the gravity of cartel behavior and the misuse of public funds. As part of the court’s decision, Delta and Davis are prohibited from communicating with competitors in the Australian Capital Territory for three years. The company is also required to establish a Competition Law Compliance program and pay the ACCC’s legal costs.

 

Read More

Article Title: Tech company Delta Building Automation, director Timothy Davis fined big for failed bid rigging
Retrieved from news.com.au